UK Capacity Mechanism

Early evidence shows that DECC’s clumsy Capacity Market will actively subsidise 45-year old coal power stations to stay open that would otherwise have shut, and will consequently crowd out opportunities for new gas power stations to be built and discourage new demand-side response. Keeping additional coal open towards 2030 will put the UK’s legally-binding climate goals under threat. In addition, the auction’s perverse design could result in a windfall to the French nuclear company EDF of up to £2.6 billion.

Categories

Annual Archive

Sandbag content is released under a Creative Commons Attribution Licence (CC BY 2.0 UK) - See our About page for more details or contact Phil MacDonald phil@sandbag.org.uk | Website powered by Wordpress Divi Theme

As with all websites, Sandbag's site functions using cookies. By continuing to use this website you consent to our cookies.GreatPrivacy policy